S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
What is the Penalty for Excess Contributions to an IRA?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
What is the Penalty for Excess Contributions to an IRA?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
What is the Penalty for Excess Contributions to an IRA?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
What is the Penalty for Excess Contributions to an IRA?
TSE:CFP

Canfor (CFP) Stock Forecast, Price & News

C$19.17
-0.02 (-0.10%)
(As of 06/1/2023 ET)
Compare
Today's Range
C$18.86
▼
C$19.39
50-Day Range
C$19.17
▼
C$22.09
52-Week Range
C$18.42
▼
C$28.08
Volume
158,033 shs
Average Volume
185,414 shs
Market Capitalization
C$2.31 billion
P/E Ratio
20.61
Dividend Yield
N/A
Price Target
C$28.20
ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media

CFP stock logo

About Canfor (TSE:CFP) Stock

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates through two segments, Lumber, and Pulp and Paper. The company manufactures and sells finger-jointed lumber, engineered wood products, wood chips and pellets, and logs, as well as custom specialty products, including strength-rated trusses, beams, and tongue-and-groove timber; and generates green energy. It also produces and sells pulp and paper products, including bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

Receive CFP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canfor and its competitors with MarketBeat's FREE daily newsletter.

CFP Stock News Headlines

May 23, 2023 | theglobeandmail.com
Closing Bell: Canfor Corp down on Friday (CFP)
May 10, 2023 | americanbankingnews.com
Raymond James Comments on Canfor Co.'s Q3 2023 Earnings (TSE:CFP)
June 2, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
May 9, 2023 | americanbankingnews.com
Canfor (TSE:CFP) Price Target Cut to C$27.00
May 8, 2023 | americanbankingnews.com
Canfor (TSE:CFP) PT Lowered to C$27.00 at Royal Bank of Canada
May 7, 2023 | finance.yahoo.com
Canfor First Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags
May 7, 2023 | americanbankingnews.com
Canfor (TSE:CFP) PT Lowered to C$29.00 at Scotiabank
May 6, 2023 | finance.yahoo.com
Analysts Are Updating Their Canfor Corporation (TSE:CFP) Estimates After Its First-Quarter Results
June 2, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
May 5, 2023 | americanbankingnews.com
Canfor (TSE:CFP) Price Target Lowered to C$32.00 at Raymond James
May 5, 2023 | americanbankingnews.com
Canfor (TSE:CFP) Given New C$26.00 Price Target at TD Securities
May 3, 2023 | finance.yahoo.com
CANFOR REPORTS RESULTS FOR FIRST QUARTER OF 2023
May 3, 2023 | americanbankingnews.com
Canfor (CFP) Scheduled to Post Earnings on Thursday
April 26, 2023 | finance.yahoo.com
Recent 5.0% pullback isn't enough to hurt long-term Canfor (TSE:CFP) shareholders, they're still up 119% over 3 years
April 14, 2023 | theglobeandmail.com
Closing Bell: Canfor Corp up on Friday (CFP)
April 11, 2023 | theglobeandmail.com
Closing Bell: Canfor Corp up on Monday (CFP)
March 1, 2023 | finance.yahoo.com
CANFOR ANNOUNCES 2022 AND FOURTH QUARTER OF 2022 RESULTS
December 20, 2022 | finance.yahoo.com
At CA$21.40, Is It Time To Put Canfor Corporation (TSE:CFP) On Your Watch List?
December 5, 2022 | finance.yahoo.com
Canfor Temporarily Curtailing Canadian Production Capacity
October 27, 2022 | finance.yahoo.com
CANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2022
October 19, 2022 | yahoo.com
Elizabeth McCracken on Brit Bennett, 'Bel Canto,' and the Book That She Always Recommends - Yahoo Life
October 18, 2022 | dailymail.co.uk
Bayern Munich's Sadio Mane delivers heart-warming speech after winning the Socrates Award - Daily Mail
October 17, 2022 | finance.yahoo.com
Canfor Pulp Temporarily Curtailing Intercontinental Pulp Mill - Yahoo Finance
October 17, 2022 | businesswire.com
FourKites Awarded Patent for Unprecedented Visibility into End-to-End Ocean Documentation - Business Wire
October 14, 2022 | forbes.com
Household Finances: Hunt To Chancellor As Kwarteng Carries Can For Turmoil - Forbes
October 13, 2022 | macrumors.com
Zuckerberg: Apple 'Charges As Much As It Can' for Hardware, But Meta Is Willing to Sell at a Loss to Grow the Metaverse - MacRumors
October 12, 2022 | businessinsider.com
Mark Zuckerberg said Apple charges as much as it can for hardware - Business Insider
See More Headlines

CFP Price History

CFP Company Calendar

Last Earnings
7/26/2017
Today
6/01/2023
Next Earnings (Estimated)
7/27/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Lumber & Wood Production
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
TSE:CFP
CUSIP
N/A
CIK
N/A
Web
www.canfor.com
Phone
+1-604-6615241
Fax
N/A
Employees
7,391
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$28.20
High Stock Price Forecast
C$32.00
Low Stock Price Forecast
C$26.00
Forecasted Upside/Downside
+47.1%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.93
Trailing P/E Ratio
20.61
Forward P/E Ratio
25.37
P/E Growth
N/A
Net Income
C$111.30 million
Net Margins
1.69%
Pretax Margin
N/A
Return on Equity
3.21%
Return on Assets
2.63%

Debt

Debt-to-Equity Ratio
8.49
Current Ratio
3.20
Quick Ratio
2.14

Sales & Book Value

Annual Sales
C$6.60 billion
Price / Sales
0.35
Cash Flow
C$10.69 per share
Price / Cash Flow
1.79
Book Value
C$33.81 per share
Price / Book
0.57

Miscellaneous

Outstanding Shares
120,650,000
Free Float
N/A
Market Cap
C$2.31 billion
Optionable
Not Optionable
Beta
2.05

Key Executives

  • Mr. Donald B. Kayne (Age 64)
    Pres, CEO & Director
    Comp: $3.25M
  • Mr. Patrick A. J. Elliott
    CFO & Sr. VP of Sustainability
  • Mr. David M. Calabrigo (Age 63)
    Sr. VP of Corp. Devel. & Legal Affairs and Corp. Sec.
    Comp: $1.67M
  • Mr. Kevin Pankratz
    Sr. VP of Sales & Marketing
  • Mr. Stephen MacKie
    Exec. VP of North American Operations
  • Mr. Daniel Barwin
    Director of Corp. Fin.
  • Ms. Michelle Ward
    Sr. Director of Communications and Gov. Relations
  • Ms. Katy Player
    Sr. VP of People
  • Mr. David Trent
    Sr. VP of Supply Chain & Digital
  • Mr. Måns Johansson
    Chief Exec. Officer at Vida Group

Key Competitors

View All Competitors













CFP Stock - Frequently Asked Questions

Should I buy or sell Canfor stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CFP shares.
View CFP analyst ratings or view top-rated stocks.

What is Canfor's stock price forecast for 2023?

4 brokerages have issued twelve-month target prices for Canfor's stock. Their CFP share price forecasts range from C$26.00 to C$32.00. On average, they predict the company's stock price to reach C$28.20 in the next year. This suggests a possible upside of 47.1% from the stock's current price.
View analysts price targets for CFP or view top-rated stocks among Wall Street analysts.

How have CFP shares performed in 2023?

Canfor's stock was trading at C$21.31 on January 1st, 2023. Since then, CFP shares have decreased by 10.0% and is now trading at C$19.17.
View the best growth stocks for 2023 here.

When is Canfor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our CFP earnings forecast.

How were Canfor's earnings last quarter?

Canfor Co. (TSE:CFP) released its earnings results on Wednesday, July, 26th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.26. The firm had revenue of $1.19 billion for the quarter. Canfor had a trailing twelve-month return on equity of 3.21% and a net margin of 1.69%.

What other stocks do shareholders of Canfor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T).

What is Canfor's stock symbol?

Canfor trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CFP."

How do I buy shares of Canfor?

Shares of CFP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Canfor's stock price today?

One share of CFP stock can currently be purchased for approximately C$19.17.

How much money does Canfor make?

Canfor (TSE:CFP) has a market capitalization of C$2.31 billion and generates C$6.60 billion in revenue each year. The company earns C$111.30 million in net income (profit) each year or C$0.93 on an earnings per share basis.

How many employees does Canfor have?

The company employs 7,391 workers across the globe.

How can I contact Canfor?

Canfor's mailing address is 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The official website for the company is www.canfor.com. The company can be reached via phone at +1-604-6615241.

This page (TSE:CFP) was last updated on 6/2/2023 by MarketBeat.com Staff

My Account -